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RVIA: Shipments Continue to Roll in April; Top 40K

May 26, 2017 by · Leave a Comment 

RVIA’s April survey of manufacturers found RV wholesale shipments finished above 40,000 for the second month. Monthly shipments totaled 42,295, an increase of 5.6% compared to last April. Year-to-date wholesale RV shipments have reached 163,161 units, up 10.1% when compared to totals through last April 2016. All towable RVs, led by conventional travel trailers, reached a total of 37,195, up 6.1% compared to April last year.  Year-to-date all towable RVs are up 9.7% compared to 2016 with 141,714... Read more

Travel Lite RV Taking a ‘Bold Step’ with Expansion

May 25, 2017 by · Leave a Comment 

Artist’s rendering of new corporate setting for Travel Lite RV Following a final meeting with contractors this week, Travel Lite RV is set to break ground on a bold step forward in the development of the New Paris, Ind., towable manufacturer founded by Larry Johns in 1998 in Wakarusa, Ind. Dustin Johns, Larry’s son and the current owner of Travel Lite RV, recently signed the purchase agreements for seven of the 14 lots in the Syracuse Industrial & Technology Park at the southwest corner... Read more

Airstream Ushers in ‘Golden Age’ in San Antonio

May 22, 2017 by · Leave a Comment 

No one company may better exemplify the current upbeat state of the recreational vehicle marketplace than Airstream Inc., a high-profile Jackson Center, Ohio, RV manufacturer that presented an incredibly positive state-of-the-company report during last week’s (May 16-18) 2017 Airstream Dealer Meeting at the Henry B. Gonzalez Convention Center in San Antonio, Texas. Employment at the Thor Industries Inc. subsidiary in west-central Ohio has reached a high water mark of 800 workers – up from 269... Read more

The BUZZ: Canada Set for RVing, Camping Week

May 22, 2017 by · Leave a Comment 

Shane Devenish In just its third year, organizers reported that Canadian RVing & Camping Week, which begins tomorrow (May 23) and runs through Sunday (May 28), has gained a strong foothold among Canadians. Hosted by Go RVing Canada, the Recreation Vehicle Dealers Association (RVDA) of Canada, and the Canadian Camping & RV Council (CCRVC), the week is a celebration of RVing and camping in Canada, and encourages Canadians to get out and enjoy the great outdoors. Shane Devenish, executive director... Read more

RVIA Will Debut ‘Top-Tech Challenge’ at Louisville

May 18, 2017 by · Leave a Comment 

The Recreation Vehicle Industry Association (RVIA) announced the launch of its first annual “Top-Tech Challenge,” set to take place at the National RV Trade Show in Louisville, Ky., Nov. 26-30. According to a press release, RV technicians are invited to compete live in a head-to-head competition in Louisville to earn the title of “Top Tech” and $10,000. The challenge will pit eight finalists against each other at the show and the final round will take place over the four-day... Read more

Power Breakfast Sees 850-Plus; Holcomb Inks Bill

May 11, 2017 by · Leave a Comment 

Indiana Gov. Holcomb addresses Power Breakfast crowd The throngs began arriving just before sunup Thursday (May 11), filling the RV/MH Hall of Fame’s Northern Indiana Event Center in Elkhart, Ind., to capacity for the fifth edition of the RV Power Breakfast – an event that has evolved into an integral cog on the industry’s trade show circuit. (To view a slideshow scroll to the right side of the RVBUSINESS.com home page. Photos by Shaw Spence). Eclipsing last year’s attendance high mark, the... Read more

SSI: Towable Sales Grow 5% For March, 12% YTD

May 10, 2017 by · Leave a Comment 

Year-over-year towable retail registrations grew 5% in March and 12% for the first three months, according to the latest report from Statistical Surveys Inc. (SSI).  Results by category showed: Sales for the travel trailer segment climbed 6.1% for the month and 14.1% year-to-date. Fifth-wheel registrations edged up 1.8% in March and gained 7.4% for the three months. Folding camping trailer sales fell 2.8% for the month and 0.4% through March. Park model RV sales were... Read more

Slideshow: 17th Bids For Kids Auction Nets $1.5M

May 8, 2017 by · Leave a Comment 

The 17th Annual Bids for Kids charity auction and dinner, benefiting the Boys & Girls Club of Elkhart County, was held at the Northern Indiana Event Center in the RV/MH Hall of Fame last Saturday (May 6).  About 800 guests and volunteers made the night a resounding success by bidding on 200 silent and live auction items and donating money through a “Cash Call” event where attendees raised their paddles to give at various levels between $250 and $5,000. The night’s proceeds,... Read more

LCI Industries Reports 18% Growth in 1Q Revenue

May 4, 2017 by · Leave a Comment 

Elkhart, Ind.-based component supplier LCI Industries today (May 4) reported consolidated net sales in the first quarter of $498 million, 18% higher than the 2016 first quarter net sales of $423 million. Net income was $43.1 million, or $1.71 per diluted share, for the first quarter, ended March 31, compared to net income of $36 million, or $1.45 per diluted share, in the year prior. The increase in year-over-year net sales reflects industrywide growth in wholesale shipments of towable and motorized... Read more

WSJ Open Letter: Keep the Great in Great Outdoors

May 3, 2017 by · Leave a Comment 

In an open letter published in the Wall Street Journal, executives from more than 100 outdoor recreation industry companies praised the agenda being set by Department of the Interior Sec. Ryan Zinke during the first 100 days of Donald Trump’s presidency. Read the entire letter here. These leading executives represent many segments of the $887 billion outdoor recreation industry including the shooting, hunting, archery, camping, fishing, marine, motorcycle, powersports, hospitality and recreation... Read more

RVIA Hosts 2nd NHTSA Seminar at RV Hall of Fame

May 2, 2017 by · Leave a Comment 

About 250 people attended an all-day seminar today (May 2) at the RV/MH Hall of Fame in Elkhart, Ind., to learn about the latest safety-related requirements from the National Highway Traffic Safety Administration (NHTSA). Sponsored by Thor Industries Inc. and Forest River Inc., the event was hosted by the Recreation Vehicle Industry Association (RVIA). “We’re here today to present to the industry the rules and regulations and how to follow them, how to deal with things should they present... Read more

Patrick Acquires Three Marine Manufacturing Firms

May 1, 2017 by · Leave a Comment 

Patrick Industries Inc. announced today (May 1) that it has completed the acquisition of Leisure Product Enterprises LLC (LPE), a holding company with three manufacturing subsidiaries under its umbrella: Marine Concepts/Design Concepts, Florida Marine Tanks (FMT), and Marine Electrical Products (MEP).  According to a press release, LPE primarily serves the marine and industrial markets with combined fiscal 2016 revenues of approximately $75 million. The aggregate purchase price for LPE... Read more

Camping World Wins Auction for Gander Mountain

April 29, 2017 by · Leave a Comment 

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Patrick Posts Double-Digit 1Q Sales, Income Gains

April 27, 2017 by · Leave a Comment 

Elkhart, Ind.-based supplier Patrick Industries Inc. today (April 27) reported double-digit gains in revenue and net income for its first quarter, buoyed by performance in its RV segment. Net sales increased $66.8 million, or 24%, to $345.4 million from $278.6 million in the same quarter of 2016.  The increase was primarily attributable to a 21% increase in the company’s revenue from the RV industry, which primarily reflected the incremental contribution from acquisitions completed... Read more

RVIA: March Shipments Record 17% YOY Increase

April 24, 2017 by · Leave a Comment 

RVIA’s March survey of manufacturers found RV wholesale shipments finishing the first quarter of the year on a very strong note. Monthly shipments reached 47,579 units, an increase of 20.7% over the February monthly total and of 16.8% over the March 2016 tally of 40,740 units. RVIA reported that this represents the highest monthly total ever for shipments on comparable record. Year-to-date RV wholesale shipments have reached 120,866 units, up 11.7% over the 108,195 units shipped in the same... Read more

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